US stocks ended mixed on Thursday as investors digested a wave of corporate earnings and weighed the implications of accelerating global trade negotiations.

The Dow Jones Industrial Average fell 0.7 percent to 44,693.91. The S&P 500 gained 0.07 percent to 6,363.35, while the Nasdaq Composite Index rose 0.18 percent to 21,057.96.

Eight of the 11 primary S&P 500 sectors ended in the red. Consumer discretionary and materials led the laggards, losing 1.23 percent and 0.75 percent, respectively. Meanwhile, energy and technology led the gainers with a rise of 0.71 percent and 0.67 percent, respectively.

US President Donald Trump has recently secured trade deals with Japan, Indonesia and the Philippines, with officials pointing to progress in talks with the European Union and other key partners. The prospect of additional deals has helped ease market nerves, though analysts warn that failure to avoid new tariffs could stoke inflation and weigh on corporate margins.

On the earnings front, Tesla shares plunged 8.2 percent after the electric vehicle maker missed Wall Street's quarterly earnings estimates. Alphabet, on the other hand, rose 0.88 percent after reporting results that beat expectations and unveiling plans to boost capital expenditures.

Elsewhere in the tech sector, mega-cap names like Nvidia, Microsoft, Amazon, and Broadcom rose more than one percent, while Apple edged lower.

Among other earnings movers, IBM fell 7.62 percent despite expectation-beating profit estimates. American Airlines also slumped 9.62 percent.

The market showed signs of hesitation following several high-profile quarterly reports and growing attention to the August 1 tariff deadline.

(Cover via CFP)